DR. KIM: The UN Secretary General’s Climate Summit will take place here in New York tomorrow. More than 120 Heads of State and Government are expected to attend this historic event.Today, ahead... Show More + of the summit, I’m pleased to announce a powerful development that reveals the great commitment and impatience from governments and companies to move now to fight climate change – and not wait until it’s too late.Today we are announcing that 73 national and 11 regional governments and over one thousand companies and investors support putting a price on carbon. Together, these government supporters represent 52 percent of global GDP, 54 percent of global greenhouse gas emissions, and almost half the world’s population.The supporters include emitters like China, Russia and the European Union, and growing economies like Indonesia, Mexico, and South Africa.Many already have carbon pricing in place or are preparing to implement it. Others, including the Philippines and many small island d Show Less -

WASHINGTON, January 31, 2014 - The World Bank Group President Jim Yong Kim issued the following statement today:“The appointment of Michael R. Bloomberg as a Special Envoy for Cities and Climate Change... Show More + to the United Nations should be applauded from Beijing to Rio to Mumbai. His selection is a huge boost for global leadership efforts to combat climate change.“Unless the world takes bold action now, a disastrously warming planet threatens to put prosperity out of reach of millions and roll back decades of development. Those least able to adapt - the poor and vulnerable - will be hit hardest. “The World Bank Group is focused on five key areas that can have the biggest impact in tackling climate change: moving forward on climate smart agriculture; accelerating energy efficiency and investment in renewable energy; supporting work on ending fossil fuel subsidies; developing carbon pricing to get prices right for emissions; and building low-carbon, climate resilient cities.“That last pri Show Less -